PCE expectations: Pantheon Macroeconomics estimate the core PCE deflator rose by 0.26% in March, lifting inflation rate to 3.1% from 2.9% in February
Importance
Level 1
- Pantheon Macroeconomics: "Provisionally estimate the core PCE deflator rose by 0.26% in March, lifting the inflation rate to 3.1%, from 2.9% in February. Our estimate, however, is liable to change as around one-third of the components of the deflator are derived from non-CPI data."